While most big-name retailers struggled to kick off 2016, Home Depot and Lowe’s, the two top home improvement retailers in the U.S. marketplace, controlling 41 percent of all sales, have continued to beat the industry trend of diminished customer spending and reduced sales. Get the...
Alibaba, China’s largest eCommerce marketplace, is facing problems in its native land as it deals with sluggish expansion due to a maturing population and user saturation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Roland Smith, CEO of office supplies retail chain Office Depot, said on Monday (Aug. 22) that he planned to retire as the company’s CEO, although he would still remain as chairman of the board, according to numerous reports. Get the Full Story Complete the form...
In a sea of difficult earnings reports, Foot Locker has clocked in as an island of relative strength. Earnings for the second quarter of 2016 were $127 million, or 94 cents per share, up from $119 million, or 84 cents per share, a year ago, beating...
It looks like supply chain software firm JDA will be able to hold off an acquisition attempt by Honeywell International. The firm announced Friday it was able to secure $570 million from Blackstone Group, an equity investment fund. Get the Full Story Complete the form...
Taylor Swift might not want to hear this, but now, Kanye West is — almost literally — everywhere. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
If you still haven’t gotten your fill of the Olympics, why not buy a ball used in one of the games or a pair of boxing gloves worn by an Olympic champion? Get the Full Story Complete the form to unlock this article and enjoy...
Meet inVia Robotics, a startup that is redefining both the warehouse and automation models by developing robots that, rather than just assist humans in the shipping process, can now place items directly into boxes to be shipped. Get the Full Story Complete the form to...
Consumer electronics are battling a strong headwind. The scapegoat seems to be Apple, and the impending launch of the iPhone 7 is the only hope for relief. Target blamed its disappointing Q2 earnings on the drop in Apple sales, while Walmart was less inclined to...
